Pay Less Notice (Construction Contract)
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
🏚️ Pay less noticeBusiness activity
Pay less noticeA pay less notice is a notice served by a contractor to a sub-contractor that sets out the sum the contractor considers to be due under the sub-contract. The notice must be served before the final date for payment stated in the sub-contract. If the sub-contractor does not agree with the sum stated in the pay less notice, they can serve a notice of intention to withhold payment.
The Pay Less Notice (Construction Contract) is a legal template commonly used in the United Kingdom within the construction industry. This document serves as a formal notice to the contractor from the employer, highlighting the intention to pay an amount less than the sum usually invoiced for the completed work or ongoing project.
Under UK law, construction contracts often involve interim payments based on the progress of the project. These payments are typically made in stages or intervals, and the Pay Less Notice template is utilized when the employer believes there are valid grounds to pay an amount less than the sum invoiced by the contractor for a particular payment period.
The notice provides the employer with a legal framework to contest issues such as defects, non-compliance with contractual obligations, or relevant variations undertaken by the contractor. It aims to address potential disputes or disagreements over the contractor's work quality, delays, or additional costs incurred.
When using this template, the employer is required to communicate the reasons and calculations for the reduction in payment. This notice period is typically outlined in the terms and conditions of the construction contract and must be delivered within a specified timeframe before the intended payment date. The Pay Less Notice allows the employer to exercise their contractual right to set off or deduct an appropriate amount from the contractor's interim payment.
Given the complexity of construction projects and the potential disputes that may arise, the Pay Less Notice (Construction Contract) template helps establish transparency and a structured approach to managing payment issues between employers and contractors under UK law.
Under UK law, construction contracts often involve interim payments based on the progress of the project. These payments are typically made in stages or intervals, and the Pay Less Notice template is utilized when the employer believes there are valid grounds to pay an amount less than the sum invoiced by the contractor for a particular payment period.
The notice provides the employer with a legal framework to contest issues such as defects, non-compliance with contractual obligations, or relevant variations undertaken by the contractor. It aims to address potential disputes or disagreements over the contractor's work quality, delays, or additional costs incurred.
When using this template, the employer is required to communicate the reasons and calculations for the reduction in payment. This notice period is typically outlined in the terms and conditions of the construction contract and must be delivered within a specified timeframe before the intended payment date. The Pay Less Notice allows the employer to exercise their contractual right to set off or deduct an appropriate amount from the contractor's interim payment.
Given the complexity of construction projects and the potential disputes that may arise, the Pay Less Notice (Construction Contract) template helps establish transparency and a structured approach to managing payment issues between employers and contractors under UK law.
How it works
PRODUCT HUNT
#1 Product of the Day
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
See Genie AI in action
Book your personalised demo now
Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue
Similar legal templates
University Spin Out Subscription And Shareholders Agreement
The University Spin Out Subscription And Shareholders Agreement under UK law is a legal template designed specifically for universities involved in the commercialization of innovative technologies and intellectual property.
This agreement governs the relationship between the university and its spin-out company, as well as the shareholders involved in this venture. It sets out the terms and conditions regarding the issuance and subscription of shares, the rights and obligations of the shareholders, and the overall governance structure of the spin-out company.
The template covers various essential aspects, such as the initial funding arrangements, the intellectual property rights transfer from the university to the spin-out, confidentiality provisions, restrictions on competition, and the allocation of voting rights and decision-making powers among the shareholders.
Additionally, the agreement outlines the mechanisms for share transfers and the potential scenarios for exit, including acquisition or initial public offering. It also addresses the potential conflicts of interest that may arise and includes dispute resolution provisions to ensure a fair and orderly resolution process.
Importantly, this legal template aims to protect the interests of both the university and the shareholders, providing a comprehensive framework that promotes transparency, accountability, and a clear understanding of the obligations and rights of all parties involved.
It is crucial for universities engaged in spin-out activities to have a well-drafted legal agreement in place to facilitate the smooth operation of their ventures, attract investors, and safeguard their valuable intellectual property. This template offers a valuable tool for universities looking to commercialize their research and technology while mitigating potential legal risks.
This agreement governs the relationship between the university and its spin-out company, as well as the shareholders involved in this venture. It sets out the terms and conditions regarding the issuance and subscription of shares, the rights and obligations of the shareholders, and the overall governance structure of the spin-out company.
The template covers various essential aspects, such as the initial funding arrangements, the intellectual property rights transfer from the university to the spin-out, confidentiality provisions, restrictions on competition, and the allocation of voting rights and decision-making powers among the shareholders.
Additionally, the agreement outlines the mechanisms for share transfers and the potential scenarios for exit, including acquisition or initial public offering. It also addresses the potential conflicts of interest that may arise and includes dispute resolution provisions to ensure a fair and orderly resolution process.
Importantly, this legal template aims to protect the interests of both the university and the shareholders, providing a comprehensive framework that promotes transparency, accountability, and a clear understanding of the obligations and rights of all parties involved.
It is crucial for universities engaged in spin-out activities to have a well-drafted legal agreement in place to facilitate the smooth operation of their ventures, attract investors, and safeguard their valuable intellectual property. This template offers a valuable tool for universities looking to commercialize their research and technology while mitigating potential legal risks.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
5
RATINGS
3
DISCUSSIONS
0
Use Of Registered Trademark - Consent Letter
The legal template "Use of Registered Trademark - Consent Letter under UK Law" refers to a document that outlines the terms and conditions agreed upon between two parties regarding the use of a registered trademark. In this context, a trademark signifies a distinctive symbol, logo, word, or phrase that identifies and distinguishes a company's products or services in the market.
The template is specifically designed for use under the legal framework of the United Kingdom. It typically involves two parties: the owner of a registered trademark and another party seeking permission to use the trademark for a specific purpose.
The consent letter serves as a legally binding agreement between both parties, granting the latter party the rights to use the registered trademark for an agreed-upon period and under specific conditions. The purpose for which the trademark will be used, such as marketing, promotional activities, co-branding, or licensing, must be clearly specified in the letter.
The template generally includes various sections and clauses. These may cover the detailed description of the trademark, including its registration details and classes of goods or services associated with it. The responsibilities and obligations of both parties, including quality control measures, monitoring, and enforcement of trademark usage, are clearly outlined to ensure compliance.
Additionally, the template might include provisions related to the payment of licensing fees or royalties, if applicable. It may also address issues of termination or revocation of consent and any associated legal consequences.
Overall, the "Use of Registered Trademark - Consent Letter under UK Law" template offers a standardized legal framework for parties wishing to grant or obtain permission to use a registered trademark, ensuring legal compliance, protection of the trademark owner's rights, and maintaining the reputation associated with the brand.
The template is specifically designed for use under the legal framework of the United Kingdom. It typically involves two parties: the owner of a registered trademark and another party seeking permission to use the trademark for a specific purpose.
The consent letter serves as a legally binding agreement between both parties, granting the latter party the rights to use the registered trademark for an agreed-upon period and under specific conditions. The purpose for which the trademark will be used, such as marketing, promotional activities, co-branding, or licensing, must be clearly specified in the letter.
The template generally includes various sections and clauses. These may cover the detailed description of the trademark, including its registration details and classes of goods or services associated with it. The responsibilities and obligations of both parties, including quality control measures, monitoring, and enforcement of trademark usage, are clearly outlined to ensure compliance.
Additionally, the template might include provisions related to the payment of licensing fees or royalties, if applicable. It may also address issues of termination or revocation of consent and any associated legal consequences.
Overall, the "Use of Registered Trademark - Consent Letter under UK Law" template offers a standardized legal framework for parties wishing to grant or obtain permission to use a registered trademark, ensuring legal compliance, protection of the trademark owner's rights, and maintaining the reputation associated with the brand.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
4
RATINGS
1
DISCUSSIONS
0
Website Marketing Agreement For Affiliate
The "Website Marketing Agreement for Affiliate under UK Law" is a legal template specifically designed to outline the terms and conditions governing the relationship between a website owner (or merchant) and an affiliate marketer in the United Kingdom.
This agreement will address the various aspects involved in the marketing activities undertaken by the affiliate on behalf of the merchant's website. It will lay down the specific obligations, rights, and responsibilities of both parties involved, ensuring a clear understanding and avoid any future disputes.
The template may cover areas such as payment terms and commission structure, disclosure requirements, prohibited marketing practices, intellectual property rights, termination clauses, and dispute resolution mechanisms. It will also incorporate applicable regulations and laws specific to the United Kingdom, ensuring compliance with local legal requirements.
The purpose of this legally binding document is to establish a mutual understanding and protect the rights and interests of both parties. By utilizing this template, the merchant and the affiliate can establish a strong foundation for their partnership, promoting transparency, and fostering a successful and compliant online marketing relationship.
This agreement will address the various aspects involved in the marketing activities undertaken by the affiliate on behalf of the merchant's website. It will lay down the specific obligations, rights, and responsibilities of both parties involved, ensuring a clear understanding and avoid any future disputes.
The template may cover areas such as payment terms and commission structure, disclosure requirements, prohibited marketing practices, intellectual property rights, termination clauses, and dispute resolution mechanisms. It will also incorporate applicable regulations and laws specific to the United Kingdom, ensuring compliance with local legal requirements.
The purpose of this legally binding document is to establish a mutual understanding and protect the rights and interests of both parties. By utilizing this template, the merchant and the affiliate can establish a strong foundation for their partnership, promoting transparency, and fostering a successful and compliant online marketing relationship.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
5
RATINGS
3
DISCUSSIONS
2
